[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


View post   

File: 160 KB, 862x640, IMG_7123.jpg [View same] [iqdb] [saucenao] [google]
57868176 No.57868176 [Reply] [Original]

>buy bitcoin in 2010
>hold for 14 years without selling one
>dump them all at ath
I kneel

>> No.57868180

>buy
he mined them all

>> No.57868194

>>57868176
Premined shitcoin kek

>> No.57868197

>missed selling out in 2021
>bagshold for another 3 years

>> No.57868216

>>57868180
>>57868194
Even more based

>> No.57868236

just hold 14 years bro

>> No.57868438

>>57868236
holding 14 years for a 100,000x return is the best investment you will ever make in your life

>> No.57868458

>>57868438
since he mined them, it's effectively an ∞x return

>> No.57868497

since both OP and the twitter are fags

tx
https://www.blockchain.com/explorer/transactions/btc/9f69e4b5f7d9330135178f2c6c1c9fbf18dd0803bad346dbe20cd7f451ed4355

>> No.57868631
File: 19 KB, 1080x1080, Ladig.png [View same] [iqdb] [saucenao] [google]
57868631

>>57868180
mining is just buying with extra steps

>> No.57868682

Expect a few old whales ruining any attempt to break ath (and stay there) this year.
The next step is diluting these kind of huge legacy whale wallets and it will take a while.

>> No.57868705

>>57868176
>60mill cashout
>30mill stolen in taxes to kill conscripts in Ukraine
Surely that dude set himself up in a crypto haven first right

>> No.57869670

>>57868682

nope, everyone with a brain holds until 1mio+, also you think OG Bitcoiners are dumb shitcoiners like you to exchange their Bitcoin wealth into worthless fiat that loses 10%+ purchasing power every year

>> No.57869684

>>57869670
they're not trading their btc for dollars

>> No.57869702

>>57869670
the CIA is already assassinating bitcoin billionaires, I would probably leave at 100mill or 200m max. beyond that they will just kill you. they don't want literal trillionaires out there.

>> No.57869721

>>57869670
>Heh, look I'm totally rich my Bitfuck is worth $100m!
>Fiat is useless! (Even though I value my BTC in fiat)
>I will never sell for fiat! I just enjoy the imaginary number on the screen!
>Dies
>BTC gets lost
Sad, many such cases.

>> No.57869731

>>57869670
You think hes just holding fiat and not putting it into something else? Are you a fucking moron?

>> No.57869736

>>57869702
>is already assassinating bitcoin billionaires
meds
>inb4 schizo dev drowned in puerto rico
^he didnt take his meds either

>> No.57869746

>>57869670
Dude is about to make over $2 million annually for the rest of his life if he just puts it into an index fund after paying taxes.

>> No.57869816

>>57868176
he must have had more wallets since this one contained 1000 btc.

>> No.57869829
File: 191 KB, 1280x720, mircea.jpg [View same] [iqdb] [saucenao] [google]
57869829

>>57869736
you are new and have no history in this space.

>> No.57869854

>>57869684
makes sense, gold spiked over a hundred dollars over a couple days recently to ath

>> No.57869865

He is fucking the top 1% of lady boys right now in a penthouse while you talk dat shit

>> No.57869868

>>57868176
>>57868497
Man is basically set for life

>> No.57869906
File: 29 KB, 390x310, 09bde53df33e3112.jpg [View same] [iqdb] [saucenao] [google]
57869906

>>57868497
>electricity comes from outlet

>> No.57870006

>>57868176
The nerves to hold this long. At one point he had 50 million and was like
>fuck that I need 70 or it's ogre

>> No.57870094
File: 248 KB, 1469x444, godtraders.jpg [View same] [iqdb] [saucenao] [google]
57870094

>>57868176
>>57868180
absolute god trader

>> No.57870122
File: 112 KB, 1024x683, 1689293739893418.jpg [View same] [iqdb] [saucenao] [google]
57870122

So uh how are us post 2017 btc holders going to be considered in the future? By all means I'm a 21 latefag but I don't see self custody a big thing, even more unique to run a node. Are we going to go down as the ultimate bag holders or be targeted by nocoiners worse then real oldfags that already got rich?

>> No.57870157

>>57869736
>meds
They really are though, lots of stories of early miners that just commited suicide or died of mysterious reasons.
As a 2017 og linkmarine, I'm always expecting mossad agents to drop on me, although my stack is barely worth 7 figures now, will start packing even though eurofag as soon (if ever) my stack reaches 8 figure purgatory.

>> No.57870192

>>57868176
i was just thinking about how this fucking idiot could have probably waited 6 months and gotten double. oh well

>> No.57870715
File: 1.10 MB, 250x250, 1709228359762063.gif [View same] [iqdb] [saucenao] [google]
57870715

>>57868197
>what a loser

>> No.57870762

>>57868176
Could have done that in 2021.

>> No.57870784
File: 48 KB, 816x459, wooooooooosh.jpg [View same] [iqdb] [saucenao] [google]
57870784

>>57868176
makes me kinda scared of how many are thinking the same thing now if it tries 69k again and fails once more in a similar fashion. shouldn't though

>> No.57870833

>>57868458
no. the effective cost is the price of the electricity it cost to mine

>> No.57870889

>>57869670
Good luck trying to buy land using BTC you stupid crypto faggot

>> No.57870931

>>57869670
>dumb shitcoiners like you
What can I say. Leverage trading Bitcoin just doesn't do the trick anymore. I need the rush. I cannot sleep unless I have the fear of waking up liquidated in the back of my mind.

>> No.57871038

The fact that oldfags are selling and newfags are calling them dumb is enough for me to tether fully up now

>> No.57871046

>>57868705
I’d rather have $30m post tax while making millions in passive income, living comfortably than to have $60m and live with anxiety in some foreign country due to trying to avoid tipping the jew

>> No.57871330

>>57869746
Paying taxes is the GAYEST thing a man can do

>> No.57871356

>>57870889
You can buy real estate in monaco with bitcoin

>> No.57871376

>>57870833
oh no he made a 100,000x return instead of a ∞x return, I bet he wants to kill himself right now

>> No.57871378

>>57868176
Why did he sell? That's not enough to live comfortably anywhere

>> No.57871440

>>57871356
Which is completely stupid since you'll end up paying 20-30% more than the equivalent listing price if it was in fiat money.

But you crypto faggots are too retarded to do basic math so it doesn't even matter, you'll never learn anyways.

>> No.57871461

>>57871378
True it's literally nothing in current year. You need AT LEAST 500 Million to make it in SHARTmerica.

>> No.57871542

>>57868497
>>57868176
this isn't selling anything
this is probably going on whirlpool mixing

>> No.57871562

>>57870192
The Halving breaks the economics for many miners, and traditionally marks an exit point for many of them. When that time comes, they sell out their stack and close shop, causing the common declines shortly before halving. In this case, it's probably a miner who has been around for a LONG time, closing out.

>> No.57871643
File: 110 KB, 572x845, 1709137686389697.jpg [View same] [iqdb] [saucenao] [google]
57871643

>>57868197
this, we are below ath in 2021 dollar adjusted terms, this poorfag should learn to trade

>> No.57872618
File: 1.35 MB, 493x498, 152029384567.gif [View same] [iqdb] [saucenao] [google]
57872618

>>57868176
>>57868180
>>57870784
>>57871038

>> No.57873785

>>57870889
>buy land
You are such a fucking hick. Everyone who works for an ISP needs to be jailed for installing broadband connections at your trailer park. It’s a crime that I have to see Cletusposting

>> No.57874137

>>57868176
paper hands

>> No.57875515

>>57870157
Do you really think Chainlink can be compared to BTC? Chainlink is a shitty ERC token whose majority supply is controlled by a known company. Posts like this really make me realize what retarded brainlets linkfags are.

The magic of BTC is that it is a decentralized network with an unknown founder that literally can't be shut down. Chainlink could be shut down in a single day if there were incentive to do so.

I've even read Ari's book and in it, the main character literally says how he could fuck with "the oracles" but he won't because "muh morals" (page 22)

>Maybe there's a small chance I could devise a hack that would stop our oracles from feeding the rogue contract. But even if I could, I wouldn't.

>> No.57875596

>>57870889
I bought 4 acres in Utah in 2022 using Ethereum (not BTC).

No extra fee or anything, literally just a transaction from one key to another in the presence of a notary (who thought it was really neat).

I also once traded $2500 worth of Ethereum for $2500 cash in a strip club in Miami (while a BTC conference was going on) because I ran out of cash and wanted to continue my cocaine-fueled bender by fucking the two whores at the strip club (it was a bad investment...but still...). This was in summer of 2021 BTW.

I literally get paid in crypto for one of my current contract jobs and the majority of my net worth is in crypto. You'd be surprised how easy this is now if you got out of whatever tiny shithole you currently live in. Most people seem to prefer crypto nowadays in any city in the US (save for NYC MAYBE which is full of retarded tradfi idiots).

>> No.57875689

>>57868705
the capital gains tax is 20%

>> No.57875772

>>57875596
>No extra fee or anything, literally just a transaction from one key to another in the presence of a notary (who thought it was really neat).
Shouldn't this have been a taxable event? ie. you paid capital gains on the ETH at the time you traded it for land?

>> No.57876134

>>57870833
The hash rate wasn't difficult back then. It probably cost next to nothing.

>> No.57876212

>>57876134
its so funny to me how bitcoiners glorify their le epic immaculate inception when satoshi has 1mil btc and early adopters basically acquired all the supply for almost nothing

>> No.57876235

>>57868180
which means he doesn't pay the tax on receiving them because they were like 30 cents when he did it, still gets nailed by the 12% capital gains tho

>> No.57876782
File: 350 KB, 568x563, Screenshot 2023-04-21 at 16-06-25 mary kong - Google Search.png [View same] [iqdb] [saucenao] [google]
57876782

>>57871038
tether up? I opened some shorts.

Its clear this is the top, moon fags saying bitcoin going to 100k, fags posting the gay rainbow chart again, trading view pajeets attacking every bear idea, "store of value", "fundamentals", its over my bros

>> No.57877014

>>57876782
Yup. Sold 50% of my stack and buying again at halving regardless of bitcoin's price.

In the meantime I’ve been fueling the fire by telling everyone we’re going to 100k next month. Fun times really.

>> No.57877767

i think btc isnt topped yet becajse there are still these smartass bobos >>57876782 acting smug like they're knowing everything,

>> No.57877787

>>57869736
ah yes millions years of evolution, yet somehow jewish psychiatry knows better
obviously its not the fact bitcoin is easy to clean and become untraceable in few steps and steal it, no no no its meds, obviously fed

>> No.57877827

>>57876212
just like kikes did during creation of federal reserve, any more news?

>> No.57877870

>>57870833
Ok take $10 off his total return then.

>> No.57877874
File: 31 KB, 163x180, Screenshot 2023-10-12 at 13-20-30 around jews you lose - Google Search.png [View same] [iqdb] [saucenao] [google]
57877874

>>57877767
ive been thru 3 bullruns, kid.
Once moonfags become desperate its when you start seeing this shit. If they are so sure why are they screaming so hard trying to convince people that it will go to 200k?
Its over fag, you are late to the party.

>> No.57877930

>>57875772
Is that how you would have done it? Would you have gotten the property appraised by a third party and then make sure to give 20% of that value to the IRS?

Can I tell you about my day-to-day life and maybe you can tell me some more things I can pay taxes on that I'm missing?

>> No.57877943

Well, he might of made a mistake. The capital gains tax alone on that is a huge chunk of money. Rather, he could have used all that bitcoin as collateral and borrowed against and not pay any taxes while retaining his bitcoin.

>> No.57878048

>>57877874
Depends on your time horizon. If you don't plan to ever sell, the price doesn't matter. In the case of bitcoin, it's obvious that it's not something you ever sell. Those that understand it, won't ever sell it.

>> No.57878105

>>57878048
so you are a HODL RETARD?

LMAOOOOOOOOOOOOOOOOOOOO

See ya later fag, im making money shorting this shit right now

>> No.57878120

>>57868176
he probably found his old wallet after years of searching

>> No.57878700

>>57878105
Have fun getting liquidated, genius.

>> No.57878741

>>57877943
Idiots say this all the time but fail to me tio what happens when you have to pay back the loan.

>> No.57879096

>>57878120
i looked at it on blockexplorer, several of the wallets also drained mostly in 2020 so this guy has cashed out at least once before and might again

>> No.57879148

>sell your bitcoin at 19k in 2020

>> No.57879159

>>57868176
he must been in jail.
bought an old computer and found bitcoin wallet in it.
or he hacked his own phone because lost password.
no normal human can wait 14 years while having access to the coins.

https://youtu.be/icBD5PiyoyI

>> No.57879241

>>57868705
who says he's a yank?

>> No.57879336

>>57878048
>Depends on your time horizon
This kind of cope is also a top signal.

>> No.57879644

>>57879159
>be joe
>N calls him and tells him he has a 6M wallet
>he relaxes too much and believes him
>turns out there is nothing on that wallet
>shiiiiieeeeeet
lmao

>> No.57879745
File: 41 KB, 720x603, 1579041900189.jpg [View same] [iqdb] [saucenao] [google]
57879745

>>57879644
>N calls him and tells him he has a 6M wallet
(because he cant do basic maths and understand that his 400$ in 2013 couldnt turn into 6M). oh i'm laffin

>> No.57879802

>>57879644
its good advertising for his skills.
i would contact him if i had a similar problem.
and there are many people who have problems with phones or ledgers.
also i think he was paid a bit.
also if there was really 6 million bitcoin there you probably dont want make it public.

>> No.57879830

>>57879802
the customer paid $400 and ended up with .075 btc

>> No.57879883

>>57879830
would be 4700$ today

>> No.57880007

>>57869829
I talked to him and almost bought a spot on his exchange, mpoe or whatever.

Wonder how all the things he built are doing.

>> No.57880963

>>57869736
>>is already assassinating bitcoin billionaires
>meds

somehow they must found their black operations
https://en.wikipedia.org/wiki/Operation_Gladio
https://en.wikipedia.org/wiki/CIA_drug_trafficking_allegations
https://en.wikipedia.org/wiki/Black_operation
https://en.wikipedia.org/wiki/Special_Activities_Center
The CIA is authorized to collect intelligence, conduct counterintelligence, and conduct covert action by the National Security Act of 1947.[2] President Ronald Reagan issued Executive Order 12333 titled "United States Intelligence Activities" in 1984. This order defined covert action as "special activities," both political and military, that the U.S. government would deny, and granted the exclusive authority to conduct such operations to the CIA.

>> No.57881015

>>57876235
who the fuck pays crypto taxes lmao

>> No.57882014

>>57878741
You take a loan on an asset that nets you a positive yield. For example, buying a business with good cash flows.

>> No.57882098

>>57869702
this. all non jews or non Free Mason that giga make it get assassinated.

>> No.57882292

>>57881015
I was born with the greatest asset in human history - American Citizenship

I pay my fair share
captcha kyyk2

>> No.57882322

>>57882292
What does US citizenship gives, besides the right to pay US taxes everyone on the planet?

>> No.57882380

>>57870122
We’ll be hunted. That is why you don’t talk about it

>> No.57882958

>>57871046
People like you are why we're in this mess. (American) men used to have balls and not put up with excessive taxation.

>> No.57883453

>>57868176
This is likely not his only wallet

>> No.57883470

>>57883453
It's not rare for whales to sell huge amounts when they know it's going to crash, just to buy it all again.

>> No.57883538

>>57875689
>le every country is the same

>> No.57884329

>>57868176
Committing to a 14-year hold for substantial returns is a strategic investment move. I'm considering a similar approach with PEAQ, a DePIN-based project with promising offerings.

>> No.57884516

>>57871038
Oldfags may just want to enjoy the fruits now. They're not getting younger. We don't know how many BTC they still keep.

>> No.57884541

>>57870833
Hotels don't charge for electricity.
Before bitcoin, I'm sure free electricity was to be had by all if you knew where to get it.

>> No.57884553
File: 40 KB, 500x428, f9558edd_a671_4e30_800d_2de41a8abd0a_9eb4052fce7f974433c50458ac78e383cdf722d7.jpg [View same] [iqdb] [saucenao] [google]
57884553

>>57882292

>> No.57884567

>>57882322
The ability to make $50,000 sweeping floors in a European descendant and Christian only school.

>> No.57884576

>>57884567
So, not enough to own a shack? Got it